YouTube stars are the self-made celebrities of today: People who have earned an audience by creating content geared toward teaching, entertaining, reviewing, and being awesome on the internet.
And most do it just to do it—to scratch the itch of creating things and being in front of an audience.
Making money from a YouTube channel probably isn’t the reason you’ll start one, but the opportunities to earn are a pleasant surprise once you realize how many of them there are.
How Many Subscribers Do You Need to Make Money on YouTube?
New Media Rockstars estimates that top YouTubers earn in the millions, some even in the tens of millions. Revenue can fluctuate greatly depending on the premise of the channel.Here are just some of their estimates and the number of subscribers these YouTubers have:
- EpicMealTime makes around $3.1 Million (7 million subscribers)
- Ray William Johnson sits at $4.2 Million (10 million subscribers)
- FunToyzCollector weighs in at a whopping $30.4 million (8 million subscribers)
But before we get into how you can make money on YouTube, you’ll need to have a clear understanding of what your audience looks like first.
How to Make Money on Youtube
Just like being an Instagram influencer or a blogger, your audience might unlock your earning potential, but it's the creation of multiple revenue streams that helps you actually make money.Luckily, there are several ways you can money on Youtube:
- Become a YouTube Partner and make money from ads.
- Make money on YouTube by selling products or merchandise.
- Crowdfund your next creative project.
- Let your audience support your work through "fan funding".
- License your content to the media.
- Work with brands as an influencer or affiliate.
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